BZFD vs QQQ: Correlation
Measured on weekly returns over the past three years, BuzzFeed, Inc. (BZFD) and Invesco QQQ Trust (QQQ) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BZFD and QQQ?
Across a 3-year window, the weekly returns of BZFD and QQQ correlate at 0.24, weak. Little has changed lately, as the 1-year reading of 0.27 lands near the 3-year figure. Stretching to 5 years gives 0.21, with an annualized covariance of 462.5 %².
Among the 11 assets we track against BZFD, QQQ sits near the bottom by co-movement, at rank #8. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 70.5 percentage points (-44.2% for BZFD against +26.3% for QQQ). Note the risk asymmetry: BZFD runs 5.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BZFD vs QQQ: side by side
| BZFD (BuzzFeed, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -44.2% | +26.3% |
| 5-year return | -97.2% | +95.4% |
| Volatility (ann.) | 98.8% | 19.6% |
| Beta vs S&P 500 | 2.00 | 1.28 |
| Max drawdown (3Y) | -89.4% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | BZFD | QQQ |
|---|---|---|
| 2022 | -87.1% | -32.6% |
| 2023 | -63.8% | +54.9% |
| 2024 | +167.0% | +25.6% |
| 2025 | -65.2% | +20.8% |
| 2026 | +19.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BZFD and QQQ good diversifiers for each other?
A fair diversifier. At 0.24, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BZFD and QQQ?
The BZFD/QQQ correlation stands at 0.24 on a 3-year window (1 year: 0.27, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BZFD?
A fair diversifier. At 0.24, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.24 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bzfd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bzfd-vs-qqq/)
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Related comparisons
Hubs: BZFD correlations · QQQ correlations
